Relief Package: Stabilisation of Expectations/Entlastungspaket: Stabilisierung der Erwartungen
The sharp rise in energy prices represents a considerable structural risk to the German economy. Deindustrialisation has become a veritable threat. The government's economic policy needs to establish positive expectations for energy costs in the medium term through interventions in the gas and...
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Veröffentlicht in: | Wirtschaftsdienst (Hamburg) 2022-10, Vol.102 (10), p.757 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | The sharp rise in energy prices represents a considerable structural risk to the German economy. Deindustrialisation has become a veritable threat. The government's economic policy needs to establish positive expectations for energy costs in the medium term through interventions in the gas and electricity markets. As in the COV?D-19 pandemic, politicians should give companies generous deferral options for income and sales taxes and partially reimburse advance payments. The elimination of the cold progression does not constitute a tax relief and does not contradict the support of liquidity-weak households with targeted transfers, as both measurements are necessary for different reasons. |
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ISSN: | 0043-6275 |
DOI: | 10.1007/s10273-022-3303-4 |